Dominion's Cove Point gas export facility gets Maryland OK

|About: Dominion Resources, Inc. (D)|By:, SA News Editor

Dominion Resources' (D) proposed Cove Point natural gas export facility is approved by the Maryland Public Service Commission but with 179 conditions covering items including air and water quality, traffic, noise and forest conservation at the site.

Dominion also is ordered to pay $48M toward state efforts to develop renewable energy and low-income energy bill assistance.

Dominion plans to build a 130 MW generating station at its existing Lusby import terminal, which would provide the power needed to compress natural gas into a superchilled liquid for loading onto tankers docked in the Chesapeake Bay.